All-or-Nothing games

Published: May 7, 2021, 10:50 pm

Been predicting the Texas version for a couple years and because mine are alphabetically near the bottom I see most of the payoffs. See lots of $2 payoffs, some $10 winners, occasional $50 payoffs, and every once in awhile see $500 payoffs. Players get a 9% chance of matching either 4 or 8 of the 12 numbers, but the $2 payoffs are "break even" because the ticket price is $2.

Usually predict 10 combos and another 10 using the opposite numbers. I'm wondering if anyone actually playing All-or-Nothing games are getting back more than the 45% probability?

Entry #84

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rcbbuckeye - May 7, 2021, 11:23 pm

A couple years ago I played 10 lines 4 draws a day for the entire year.
My hit ratio was 21% and my prize ratio was 44%.
I only play it for real once in a while. I liked the game because I always won more money on it than any other game, but it's a pain to buy tickets every day. In Texas we can't buy multi-draw tickets for more than a day on that game without buying for all 4 draws. At $2 a ticket.

Stack47 - May 9, 2021, 9:06 pm

Your hit and prize ration is almost exactly what probability expects. I'm getting about the same predicting on average 20 lines in each of the four daily drawings. Because of how I arranged my predictions could get the same hit and prize ratios by playing 10.

All-or-Nothing games

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